Financials
- Financial year
- 2025
- Total assets
- €15,100
- Loss
- -€1,537
- Solvency
- 6.4%
Redowood
ActiveSummary
The computed 12-month bankruptcy probability of Redowood is 2.9% (moderate). The 2025 annual accounts show equity of €963 and a net result of -€1,537. Its solvency ranks better than 12% of 34,483 sector peers (NACE 43, financial year 2025). The company has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Activity
Joinery installation
NACE 43320
1 site
Size
€15,100total assets 2025
- Equity
- €963
- Loss
- -€1,537
Turnover not published (micro format)
Structure
Accounts 10 days early
Why 48raises riskFounded in 2025Liquidity: current ratio 0.37Sector: Specialised construction activities (NACE 43)lowers riskSize: total assets €15,100Show the evidence
Checked score
Score 2025
48
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 7% of its sector peers (NACE 43, micro)
Financial strength
Weak
Solvency
31
equity 6.4% of total assets
Liquidity
0
short-term debt 93.6%
Profitability
6
return on assets -10.2%
Bankruptcy probability, 12 months
2.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
06-2026: 1.9%lowest value
07-2026: 1.9%● unchanged vs 06-2026lowest value
08-2026: 2.3%▲ +0.4 percentage points vs 07-2026
09-2026: 2.6%▲ +0.3 percentage points vs 08-2026
10-2026: 2.9%▲ +0.3 percentage points vs 09-2026highest value
How it is calculated
The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, micro): better than 11% on solvency, 1% on liquidity and 10% on profitability.
The bankruptcy probability was computed on 18-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
Six signals.
lowers riskraises riskneutral
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 12% of 34483 sector peers (2025).
NBB · sector comparisonPosition among 34483 sector peers
Solvency
better than 12%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 21-07-2026, 10 days ahead of the deadline.
NBB · 1 filingDeviation from the deadline
2025
10 days early
← before the deadline
after the deadline →
Searched, nothing found (1)
- Annual accounts filedfinancial year 2025 · micro…
- IncorporationAppointment: Reban Magda Iwan DORNHEIM…
Key points
By topic
Timeline
- Events
- 2
- Since
- 2025
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Joinery installationNACE 43320
- Founded
- 19-05-2025
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Articles of association
- Provisions read
- 8
- Who signs
- Each director alone
- Annual meeting
- Last Friday of June at 20:00
- Purpose
- “Algemeen schrijnwerk; Restauratieschrijnwerk; Meubelmakerij; Algemene bouwwerken…” (deed in Dutch)
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